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The characteristics of endogenously determined sharing rules and the group-size paradox are studied in a model of group contest with the following features: (i) The prize has mixed private-public good characteristics. (ii) Groups can differ in marginal cost of effort and their membership size....
Persistent link: https://www.econbiz.de/10013128769
The characteristics of endogenously determined sharing rules and the group-size paradox are studied in a model of group contest with the following features: (i) The prize has mixed privatepublic good characteristics. (ii) Groups can differ in marginal cost of effort and their membership size....
Persistent link: https://www.econbiz.de/10003962736
This paper provides a first insight into cost sharing rules for the continuous knapsack problem. Assuming a set of divisible items with weights from which a knapsack with a certain weight constraint is to be filled, different such (classes of) rules are discussed. Those - based on individual...
Persistent link: https://www.econbiz.de/10014156108
WHAT IS the most immediate tool of empowerment you can provide a person? Ask an economist. Or ask a laborer who has been moved to the outskirts of the city as a part of the quot;big-progressive resettlement schemequot;. Or ask a student. The most likely answer you will get is:...
Persistent link: https://www.econbiz.de/10012718470
Collective contests are examined permitting heterogeneity of stakes within every competing group. Our first concern is whether unequal distribution of stakes in a group can enhance its win probability. Our second concern is whether a large stake in a group can be individually disadvantageous. We...
Persistent link: https://www.econbiz.de/10013086980
marginal effort costs ; unequal stakes and group performance ; military alliance ; "exploitation of the large" …
Persistent link: https://www.econbiz.de/10009700302
I study a model of group identification in which individuals' opinions as to the membership of a group are aggregated to form a list of group members. Potential aggregation rules are studied through the axiomatic approach. I introduce two axioms, meet separability and join separability, each of...
Persistent link: https://www.econbiz.de/10012759768
Persistent link: https://www.econbiz.de/10010406672
Persistent link: https://www.econbiz.de/10009243410
attaining the lower winning probability is the one choosing the rule giving higher incentives to the members. -- collective …
Persistent link: https://www.econbiz.de/10008697815